Miami-Dade Homeownership Assistance Program (HAP)

What is Miami-Dade Homeownership Assistance Program (HAP)?

Miami-Dade Homeownership Assistance Program (HAP) is a deferred second loan for homebuyers in Miami-Dade County, Florida.

• MDEAT Homeownership Assistance Program (HAP) provides up to $28,000 in deferred 0% interest assistance for moderate-to-middle income homebuyers in Miami-Dade County earning up to 140% AMI.
• Funding comes from Local.

How much assistance does it provide?

Miami-Dade Homeownership Assistance Program (HAP) offers up to $28,000 in assistance.

• Amounts are the program's published maximums, not an offer — the administering agency determines any individual award.

Do you have to pay it back?

Miami-Dade Homeownership Assistance Program (HAP) is deferred, so no payments are due until the home is sold, refinanced, or the first mortgage is paid off.

• Repayment is triggered by Sale, Refinance, and Transfer of Title.
• The assistance is recorded in 2nd Lien position.
• Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.

Who qualifies?

Miami-Dade Homeownership Assistance Program (HAP) is open to first-time homebuyers and buyers who will live in the home as their primary residence.

What are the income limits?

Miami-Dade Homeownership Assistance Program (HAP) limits household income to 140% of the area median income, which varies by county and household size.

• Income up to 140% AMI for Miami-Dade County. Targets moderate-to-middle income buyers not served by standard low-income programs.
• Area median income figures are published by HUD and updated annually, so check the current table for the county before relying on a number.

What kind of home can it be used for?

Miami-Dade Homeownership Assistance Program (HAP) can be used for Single Family, Condo, and Townhouse.

Where does it apply?

Miami-Dade Homeownership Assistance Program (HAP) serves buyers purchasing in Miami-Dade County, Florida.

How do you apply?

Applications for Miami-Dade Homeownership Assistance Program (HAP) go through the administering agency, which publishes the current terms and the application steps on its own site.

1. 1

   Take a homebuyer education course

   Required by the program before funds are reserved.

2. 2

   Contact the administering agency to reserve funds

   Funds are reserved with the provider and are subject to availability.

3. 3

   Work with a lender who handles the program

   Hey Prescott is not a lender and does not accept applications; this page describes the program so a buyer can take it to a lender or housing counselor.